Announced
Completed
Financials
Tags
Private Equity
United Kingdom
Specialty Retailers
wine retailer
Private
Acquisition
Friendly
Single Bidder
Majority
Completed
Synopsis
Investment company Fortress Investment Group completed the acquisition of Majestic Retail and Commercial and related assets of Majestic Wine, the United Kingdom's specialist retailer of wine, for £100m ($121m). "I am delighted that we have managed to secure an independent future for both Naked and Majestic Retail and Commercial, allowing both companies to pursue growth by focusing on their unique propositions," Rowan Gormley, Majestic CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.